๐ก Quick technical analysis:
โ Confirmed rebound area! The price rebounded strongly from the support level of 0.00039523 after testing the bottom and succeeded in forming a new higher low โ an early signal of momentum change.
โ Technical indicators in interesting areas:
Relative Strength Index (RSI) at 41.25: still far from overbought, leaving plenty of room for a new rise.
MACD: A clear convergence between the lines with a potential upward tilt, which may indicate a positive crossover soon!
Stochastic RSI shows upward volatility with a crossover from below โ enhancing the likelihood of a breakout.
โ Trading volumes are gradually increasing, reflecting new liquidity entering and preparations for a strong upcoming movement!
$NEIRO
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๐ Expected scenario:
If the current resistance at 0.00042543 is broken, we may witness a surge towards levels of 0.00044473 and even 0.00046362!
In case of a pullback, the area between 0.00039523 and 0.00040365 may form a strong support that can be relied upon for another rebound.
$NEIRO
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๐ฅ Is NEIRO ready to launch?! With the current technical formation and the indicators gathered on strong support, the opportunity may be closer than you think! ๐